The net of two modified coinsurance items: the interest on reserves (payable by the Ceding Company to the reinsurer) and the increase in reserves (payable to the Ceding Company by the reinsurer).
The net of two modified coinsurance items: the interest on reserves (payable by the Ceding Company to the reinsurer) and the increase in reserves (payable to the Ceding Company by the reinsurer).